Posts Tagged ‘currency trading course’
Forex Income Engine 2.0 Preliminary Review
June 22nd, 2009
Some of you may be wondering why I haven’t posted much to this blog recently. Well I lay the blame squarely at the feet of Bill Poulos. You see I’ve been going through Bill’s new Forex day trading course, Forex Income Engine 2.0, with the intention of writing a full review. And I thought I could finish it in an afternoon…
Well little did I know what I getting myself in for. Forex Income Engine 2.0 is not a set of trading methods and Forex training that you can sit down and complete in an afternoon. No, this is real meaty stuff and really once you get into the course material, it is kind of like a really good novel, you just can’t put it down. The course goes way beyond what I had anticipated. Not only is it a good solid foundation for anyone wanting to understand Forex trading rather than relying solely on the black box approach. It is full of juicy ideas and methods that would enhance any professional traders tool kit.
So is it all good or are there some bad points. Well I’ll cut to the chase, yes there is a negative and that is this course if chock full of information. Bill could really have made this 3 courses but as the methods taught work in perfect synergy together then I can understand why he is selling it as one massive Forex training course. And in this case the whole is far greater than the sum of the parts.
As you may realize, Forex Income Engine 2.0 is only available for a very limited time and in fact will probably be sold out before Tuesday June 23rd. And I haven’t even started on my full review. So this is going to be a preliminary review, because the doors will have closed long before I have chance to write up and in depth review. I will try and write up something a little more substantial before the end of today.
Forex Income Engine 2.0 isn’t the Forex Grail and Bill makes the point that there is no method that can win all the time, it simply doesn’t exist.
Three complementary methods are taught within Forex Income Engine 2.0. The all use common indicators in an uncommon way. This is what makes the methods very easy to implement yet very effective, as the setups are easy to identify but would be missed by most other traders and other trading methods.
There is strong emphasis of risk management and Bill teaches how to effectively take the risk to zero as quickly as possible during the progress of the trade. Forex Income Engine 2.0 not only presents 3 very powerful methods to identify the ideal entry point but the appropriate exit strategies are covered in great depth as well.
The methods are designed around flexible time frames, anywhere from 5 mins to the 4 hour bars, depending upon your schedule. So for example if you only wish to trade 30 mins a day, you can apply these methods to the 5 minute bars on any of the major currency pairs. Or if you wish to trade through out the day but without needing to watch the trades all day long, you can use the same methods on the 1 hr or 4 hr bars.
Three methods are taught.
Ignition Method: This is designed to capture PIPs during short term continuation of trends. The goal being to pocket 10 to 50 PIPs over 2 to 6 bars.
Overdrive Method: Designed to jump on trends that are heating up in the market with the goal being to grab 25-100 PIPs over 2 to 6 bars.
Spring Method: This method identifies trend reversals as well as providing protection against false “with the trend” signals. The objective is to grab 25 to 100 PIPs over 2 to 6 bars.
One of the interesting points Bill makes throughout, is the objective is not to try and grab every PIP of potential profit. That is impossible and trying to so, is actually why most systems don’t work. Instead the smart approach is to identify a trend, jump on board and ride the movement, managing your risk along the way then get out again before the movement ends.
So do you need to be staring at the screen for hours on end to be there when the setups occur? Actually no, not at all. In fact you can sit down at anytime, flick through the majors in the range of time frames you wish to trade in and at a glance, quickly identify any setups occurring. Once you have been through the methods and practiced looking for the setups a few times, you’ll find they become very easy to spot. So as it turns out, practically any time of the day you wish to do a quick trade, you can quickly identify the setups in action, place your order, manage the trade for the next 2 to 6 bars and be out again.
Claim Your Copy of Forex Income Engine 2.0
Although I’m fan of the back box EA approach using automated trading rules. The Forex Income Engine 2.0 methods are very exciting and significantly more satisfying, if not completely addictive. Bill might just have turned me into a hands on manual trader.
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Swiping 7K From Four Currency Pairs With Little Work
June 16th, 2009
Swiping 7.7K Out of Four Forex Pairs With Little Effort
Does snatching $7,720 on just 4 currency pairs with almost no work sound attractive?
Then read every word of this post, as I have a very important update.
Bill Poulos just opened up access to a special members website “preview” that showcases 4 Forex Income Engine 2.0 trade videos he has recorded, and he’s given me permission to show them to you.
Check this out:
* Each one uses a different timeframe (5 minute, 15 minute, 30 minute, & one-hour bars)…
* Some trades were all over in just 10 minutes from entry to exit…
* While not every trade can be a winner, but 88.24% of them turned a profit…
* Total profit was 793 pips, or $7,720 had you traded 2 standard lots. Not bad for a few minutes of “work”. 
I think you’ll agree with me if I say, that’s fantastic!
To watch them, just login to his Forex Income Engine 2.0 member’s website preview. This is similar to full member’s website that will be available to students.
Get in here:
Forex Income Engine 2.0 Member’s Website Preview
Your username is: readyto
Your password is: enroll
(make sure you type the username & password all in lowercase)
To view the live trade videos, go to the “Pip Vault” section after you have logged into the website.
Be sure to check out the entire website, Bill has put up previews of all the CD-ROM modules, so you’ll be able to get a taste of what the training material is like.
I’m sure you’re as excited as I am about getting access to the entire Forex Income Engine 2.0 course on Tuesday, 16th of June, 10:00 am EST.
While watching the live trade videos, I think you’ll discover how this method enables you to truly create a new income stream on your preference, trading as little or as long as you want.
More soon!
PS. As you watch these trade videos, you’ll see how it doesn’t matter where you live or when you have time for trading, as setups occur around the clock, and at almost any time – again and again…
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Forex Trading Tips – 4 Simple Ways to More Profit
June 8th, 2009
Last Autumn, in the midst of a late evening Forex trading research session, one of the industry’s most respected Forex educators made a discovery around day trading Forex which he shared with a close group of traders.
Just, 6 months later… re-emerging from a marathon follow-up research session analyzing the amazing results the initial group of traders had achieved.
And discovered 3 variations to make them even more powerful.
From what I’ve seen, NO BODY is trading Forex like this, yet!
Of course, this completely turns traditional “day trading” upside down.
He recorded a new training video last weekend which “pulls
back the covers” on this new discovery revealing how to shield your accounts from risk every single time you trade. This is most important if you’re inexperienced & have little time.
Watch Bill Poulos Demonstrate Flexible Forex Day Trading
The Big Surprise
In the course of his research, he confirmed what many have suspected for a long time
* The collapse of the global stock markets and economies has created pressures that, in turn, are creating more potential profit than ever before seen in the currency markets.
That might come as a revelation, especially to those new to trading… but he explains in his training video why this is the case, and how to get in on this.
You’ll Also Discover
* How to no less than triple your potential profit when you use a little-known trick using the predominant trend.
* 2 Retracement Tricks most traders just simply miss out on, and when you know how to spot them, can turn an otherwise losing trade into a profit powerhouse.
* The huge “edge” you get over other traders when you automatically identify the predominant trend at any point in time… and then “throw yourself in front of it”…
* The number one key to Forex trading you MUST do EACH and EVERY TIME before you place a position before even thinking about profit. By doing this, you instantly “increase the odds” that profit will result…
* …and a lots more.
If you’re interested in curreny trading, or have been a little put off by what’s been going on with the markets, then this could be the most important trading video you’ll ever see this year.
Why is that? Because after you watch it, you’ll be scrambling to get started {Forex trading this way…|with this way of Forex trading
At last bringing flexibility and customization to Forex day trading so that anyone can have an “edge”, no matter if you only have twenty minutes to trade, or all day. The choice is yours.
Of course this Forex video is by none other than Bill Poulos. This is a little preview of the Forex Income Engine sequel, Forex Income Engine 2.0. That’s right Bill Poulos is at it again. Not to be content with producing the best Forex trading course of 2008, in my opion. He come out with even more profit pulling methods and advice.
View Bill Poulos Demonstrate Good Trading Methods
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